#literature #books

Me too

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#freedom Easy one for the Orwell fans?!

#memestr

Good morning with a good story ❤️🧡💜

#sport 😂😂😂

#freedom #nationalism #quote “Nationalism is an infantile disease where you are violently convinced that a piece of colored cloth is worth more than a human heartbeat. It is the absolute easiest way to make a peasant enthusiastically beg for a bullet.” — Author unknown (often falsely attributed online to Arthur Schopenhauer)

#energy #sience #technology

#strc #mrst #strategy #bitcoin STRC is often discussed as if it were just a stock: price goes down, volatility, panic, bla bla. I think the better way to look at it is fixed income. Economically, STRC is much closer to a perpetual bond. With this kind of instrument, the price is not the first thing to look at. The key question is: what yield does the market require? The price is only the result of that. In simple terms: Price = Coupon / Yield If STRC has a coupon of 11.5 and the market requires an 11.5% yield, the instrument trades at 100: 11.5 / 0.115 = 100 But if STRC trades at 82, the market is saying something else: 11.5 / 82 = roughly 14% That means the market is not currently asking for 11.5%. It is asking for around 14% yield. This is where it gets interesting. If we roughly assume Treasuries at 4%, then STRC at an 11.5% yield was already trading at about 750 basis points over Treasuries. But at a 14% yield, it is trading at about 1000 basis points over Treasuries. So the market is demanding roughly 250 basis points more risk premium than before. That is the real message of the price move. Not: “the stock is just volatile.” But: “the market is repricing the risk and demanding more spread.” And with a perpetual instrument, that matters a lot, because duration is high. The modified duration of a perpetual is approximately: 1 / Yield At an 11.5% yield: 1 / 0.115 = 8.7 That means a one percentage point increase in required yield can move the price by almost 9%, approximately. So a move in required yield from 11.5% to around 14% is not a small move. It is a major spread move. And the price adjusts from 100 toward 82. That is the point for me: STRC does not trade like a normal stock. It trades like a very risky credit instrument. The market is not only pricing volatility. It is pricing credit risk, duration, and loss of confidence.

#sport 😂😂😂

While the rest of us can barely get through a chapter without checking our phones, Emmanuel Muchui sat down with a stack of books and didn't look up for 73 hours. The Kenyan author launched his reading marathon at Nuria Book Store in Nairobi, not for fame, not for a world record, but to send a message that books still matter. His challenge sparked a nationwide debate about Kenya's reading culture, and honestly, it's a conversation the whole world needs to have. #books #literature

#woman #women

#philiosophy